Your pro forma income statement shows sales of $1,022,000, cost of goods sold as $483,000, depreciation expense

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Your pro forma income statement shows sales of $1,022,000, cost of goods sold as

$483,000, depreciation expense of $97,000, and taxes of $176,800 due to a tax rate of 40%. What are your pro forma earnings? What is your pro forma free cash flow?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Feb 27, 2024 03:07 AM

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Your pro forma income statement shows sales of $1,022,000, cost of goods sold as $483,000, depreciation expense

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To calculate the pro forma earnings we need to subtract the cost ...View the full answer

Fundamentals Of Corporate Finance

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